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Disclaimer: Asian Century Stocks uses information sources believed to be reliable, but their accuracy cannot be guaranteed. The information contained in this publication is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. The opinions expressed in such publications are those of the publisher and are subject to change without notice. You are advised to discuss your investment options with your financial advisers and to understand whether any investment is suitable for your specific needs. From time to time, I may have positions in the securities covered in the articles on this website. Full disclosure: I do not hold a position in DFI Retail when publishing this article. Note that this is disclosure and not a recommendation to buy or sell.

Summary

• I first wrote about Dairy Farm in January 2021. Since then, the stock price has dropped another 42%.

• The primary culprits are continued COVID-19-related lockdowns, HK-mainlan…